DISTRICT CODE:  570101                                     STATE AID    2002-03     
DISTRICT NAME:  ADDISON                                    DATE:  MAR  13, 2008     
                                                           EDITION NO.     3917     
DISTRICT LAST UPDATED ON 03/11/08                                                   
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT                                     
                                                                                    
BUILDING FORMULA 10% AID OUTPUT REPORT(BLD10)                                       
                                                                                    
 PART I:  AIDABLE BUILDING AID EXPENSES FOR 2002-03 AID                             
 ______________________________________________________                             
                                                                                    
 A.  CAPITAL OUTLAY EXPENSES (USED ONLY FOR CALCULATING REORG                       
     INCENTIVE BLDG AID ON 01-02 CAPITAL EXPENSE. SEE SA-CAP                        
     OUTPUT REPORT FOR 2002-03 CAPITAL OUTLAY TRANSITION GRANTS                     
     FOR 2001-02 CAPITAL EXPENSE)                                                   
                                                                                    
      1. NOT USED                                                                   
      2. 2001-02 APPROVED CAPITAL OUTLAY EXPENSE: REORG                             
         INCENTIVE ELIGIBLE                                                    0    
                                                                                    
 B.  AIDABLE DEBT SERVICE EXPENSE FOR 2002-03 AID                                   
                                                                                    
      3. 2002-03 ASSUMED DEBT SERVICE: RETRO*                                  0    
      4. 2002-03 ASSUMED DEBT SERVICE: RETRO, REORG INCENTIVE                       
         ELIGIBLE                                                              0    
      5. 2002-03 CONTINUING DEBT SERVICE FOR WAIVERED BOND                          
         ISSUES*                                                               0    
      6. 2002-03 CONTINUING DEBT SERVICE FOR WAIVERED BOND                          
         ISSUES, REORG INCENTIVE EIGIBLE                                       0    
      7. 2002-03 ASSUMED DEBT SERVICE: PROSPECTIVE**                           0    
      8. 2002-03 ASSUMED DEBT SERVICE: PROSPECTIVE, REORG                           
         INCENTIVE ELIGIBLE                                                    0    
      9. 2002-03 APPROVED DEBT SERVICE: DORMITORY AUTHORITY                         
         (SPECIAL ACT DISTRICTS ONLY)                                          0    
     10. TOTAL AIDABLE DEBT SERVICE FOR 02-03 AID                                   
                               (ENT 3 + ENT 5 + ENT 7 + ENT 9)                 0    
     11. TOTAL AIDABLE DEBT SERVICE FOR 02-03 AID, REORG                            
         INCENTIVE ELIGIBLE            (ENT 4 + ENT 6 + ENT 8)                 0    
                                                                                    
    *PURSUANT TO CHAPTER 383 OF THE LAWS OF 2001, ASSUMED DEBT                      
     SERVICE FOR PROJECTS APPROVED BY 12/1/01 WITH OUTSTANDING                      
     PRINCIPAL AS OF 7/1/02.                                                        
                                                                                    
                                                                                    
 CLICK HERE FOR BOND LEVEL INFORMATION
**PURSUANT TO CHAPTER 383 OF THE LAWS OF 2001, ASSUMED DEBT SERVICE FOR PROJECTS APPROVED ON OR AFTER 12/1/01, OR WITH OBLIGATIONS FIRST ISSUED ON OR AFTER 12/1/01. CLICK HERE FOR PROSPECTIVE PROJECT INFORMATION
C. AIDABLE EXPENSE ASSOCIATED WITH THE COST OF REFINANCING EXISTING DEBT WITH PRINCIPAL OUTSTANDING AS OF 6/30/02*** 12. 2002-03 ASSUMED DEBT SERVICE FOR FIXED COST OF REFINANCING 0 13. 2002-03 ASSUMED DEBT SERVICE FOR STATE SHARE OF VARIABLE COSTS 0 14. 2002-03 ASSUMED DEBT SERVICE FOR STATE SHARE OF ADDITIONAL PRINCIPAL 0 15. TOTAL ASSUMED DEBT SERVICE FOR STATE SHARE OF THE BONDED COSTS OF REFINANCING (100% REIMBURSED) (ENT 12 + ENT 13 + ENT 14) 0 16. 2002-03 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE VARIABLE COSTS OF REFINANCING 0 17. 2002-03 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE VARIABLE COSTS OF REFINANCING, REORG INCENTIVE ELIGIBLE 0 18. 2001-02 TOTAL FEES AND CHARGES NOT PAID FROM THE PROCEEDS OF REFUNDING BONDS (E.G., PAID FROM CASH OUTLAY) (100% REIMBURSED) 0 CLICK HERE FOR BOND LEVEL INFORMATION (COMING SOON) D. LEASE EXPENSE NOTE: LEASES APPROVED ON OR AFTER 7/1/98 ARE ONLY ELIGIBLE FOR THE 10% INCENTIVE IF THEY ARE FOR A TERM OF MORE THAN 5 YEARS. 19. 2002-03 LEASE EXPENSE - NOT 10% ELIGIBLE 0 20. 2002-03 LEASE EXPENSE - 10% ELIGIBLE 0 21. 2002-03 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE NOT 10% ELIGIBLE 0 22. 2002-03 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE 10% ELIGIBLE 0 PART II: CALCULATION OF 2002-03 BUILDING AID (DOES NOT INCLUDE ______________________________________________________________ 2002-03 AID ON 2001-02 BANS/NEW DEBT SERVICE EXPENSE; _____________________________________________________ SEE SA-NDS OUTPUT REPORT FOR AID ON BANS/NEW DEBT SERVICE) __________________________________________________________ 23. 2002-03 BUILDING AID RATIO 0.774 24. 2001-02 SELECTED BUILDING AID RATIO 0.876 25. SELECTED 2002-03 BUILDING AID RATIO 0.876 26. 2002-03 ENHANCED AID RATIO (LESSER OF ENT 25 + .100 OR .950) 0.950 27. 2002-03 10% INCENTIVE DECIMAL (ENT 26 - ENT 25) 0.074 28. AID RATIO AID FOR ASSUMED DEBT SERVICE: RETRO (ENT 3 * ENT 25) 0 29. 10% INCENTIVE AID FOR ASSUMED DEBT SERVICE: RETRO (ENT 3 * ENT 27) 0 30. AID RATIO AID FOR DEBT SERVICE ON WAIVERED BOND ISSUES (ENT 5 * ENT 25) 0 31. 10% INCENTIVE AID FOR DEBT SERVICE ON WAIVERED BOND ISSUES (ENT 5 * ENT 27) 0 32. AID RATIO AID BLDG AID FOR ASSUMED DEBT SERVICE: PROSPECTIVE (ENT 7 * ENT 25) 0 33. 10% INCENTIVE AID FOR ASSUMED DEBT SERVICE: PROSPECTIVE (ENT 7 * ENT 27) 0 34. AID RATIO AID FOR DEBT SERVICE: DORMITORY AUTHORITY (SPECIAL ACT DISTRICTS ONLY) (ENT 9 * ENT 25) 0 35. 10% INCENTIVE AID FOR DEBT SERVICE: DORMITORY AUTHORITY (SPECIAL ACT DISTRICTS ONLY) (ENT 9 * ENT 27) 0 36. BLDG AID FOR THE STATE SHARE OF TOTAL BONDED REFINANCING COSTS (100% REIMBURSED) (ENT 15) 0 37. AID RATIO AID FOR THE LOCAL SHARE OF BONDED VARIABLE REFINANCING COSTS (ENT 16 * ENT 25) 0 38. 10% INCENTIVE AID FOR THE LOCAL SHARE OF BONDED VARIABLE REFINANCING COSTS (ENT 16 * ENT 27) 0 39. BLDG AID FOR COSTS OF REFINANCING NOT PAID FROM THE PROCEEDS OF REFUNDING BONDS (100% REIMBURSED)(ENT 18) 0 40. AID RATIO AID FOR LEASE EXPENSE ((ENT 19 + ENT 20) * ENT 25) 0 41. BLDG AID FOR LEASE EXPENSE ELIGIBLE FOR 10% INCENTIVE (ENT 20 * ENT 27) 0 42. TOTAL REGULAR BUILDING AID: AID RATIO AID AND 100% REIMBURSABLE (ENTRIES 28+30+32+34+36+37+39+40) 0 43. TOTAL REGULAR BUILDING AID: 10% INCENTIVE (ENTRIES 29 + 31 + 33 + 35 + 38 + 41) 0 44. TOTAL REGULAR BUILDING AID INCLUDING 10% INCENTIVE (ENT 42 + ENT 43) 0 PART III. CALCULATION OF 2002-03 REORGANIZATION INCENTIVE BUILDING __________________________________________________________________ AID (DOES NOT INCLUDE 2002-03 AID ON 2001-02 BANS/NEW DEBT __________________________________________________________ SERVICE, WHICH CAN BE VIEWED ON THE 2002-03 SA-NDS OUTPUT _________________________________________________________ REPORT ______ 45. TOTAL BUILDING EXPENSE REORGANIZATION INCENTIVE ELIGIBLE (ENT 2 + ENT 11 + ENT 17 + ENT 21 + ENT 22) 0 46. BUILDING AID ON REORG INCENTIVE ELIGIBLE EXPENSE (ENT 45 * ENT 26) 0 47. REORGANIZATION INCENTIVE DECIMAL (.25 OR .30) 0.25 48. UNCAPPED REORGANIZATION INCENTIVE AID (ENTS 46 * 47) 0 49. 95% OF THE TOTAL BUILDING EXPENSE ELIGIBLE FOR REORGANIZATION INCENTIVE (ENT 45 * 0.95) 0 50. MAXIMUM REORGANIZATION INCENTIVE AID(ENT 49 - ENT 46) 0 51. REORGANIZATION INCENTIVE BUILDING AID (LSR ENT 48 OR ENT 50) 0 PART IV: NATIVE AMERICAN BUILDING AID PAYABLE DURING 2002-03 ______________________________________________________________ 52. NATIVE AMERICAN BUILDING AID 0 PART V: SPECIAL LEGISLATION _____________________________ 53. APPROVED DEBT SERVICE EXPENSE [10 315] 0 54. SPECIAL AID RATIO [CALC] 0.000 55. SPECIAL LEGISLATON AID [CALC] 0

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